GOODTECH ELECTRO AS

1065 OSLO

Finances

Share Ownership

Return on Equity

−3,55 %

Current Ratio

2,99

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 962 000	5 464 000	7 456 000	5 378 000
Net Income	−74 000	−255 000	888 000	2 000
Total Assets	2 824 000	2 916 000	4 137 000	2 671 000
Total Equity	2 087 000	2 161 000	2 416 000	2 027 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 962 000	5 464 000	7 456 000	5 378 000
Expenditure	6 055 000	5 793 000	6 320 000	5 368 000
Operating Profit	−94 000	−329 000	1 136 000	11 000
Financial Income	6 000	7 000	8 000	8 000
Financial Costs	0	0	1 000	0
Financial Balance	6 000	7 000	7 000	8 000
Earnings Before Tax	−87 000	−322 000	1 142 000	18 000
Tax	−13 000	−68 000	254 000	16 000
Net Income	−74 000	−255 000	888 000	2 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	617 000	315 000	385 000	527 000
Total Current Assets	2 207 000	2 601 000	3 751 000	2 144 000
Total Assets	2 824 000	2 916 000	4 137 000	2 671 000
Total Retained Equity	1 887 000	1 961 000	2 216 000	1 827 000
Total Equity	2 087 000	2 161 000	2 416 000	2 027 000
Total Long-Term Debt	0	0	1 000	10 000
Total Current Debt	737 000	755 000	1 720 000	634 000
Total Equity and Debt	2 824 000	2 916 000	4 137 000	2 671 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 938 000	5 345 000	7 456 000	5 378 000
Other Income	24 000	119 000	0	0
Revenue	5 962 000	5 464 000	7 456 000	5 378 000
Cost of Goods Sold	2 167 000	2 393 000	2 471 000	1 897 000
Salary Costs	2 519 000	2 422 000	2 680 000	2 296 000
Depreciation	97 000	138 000	141 000	157 000
Impairment	0	0	0	0
Expenditure	6 055 000	5 793 000	6 320 000	5 368 000
Operating Profit	−94 000	−329 000	1 136 000	11 000
Financial Income	6 000	7 000	8 000	8 000
Financial Costs	0	0	1 000	0
Financial Balance	6 000	7 000	7 000	8 000
Dividends	0	0	500 000	0
Net Income	−74 000	−255 000	888 000	2 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	80 000	67 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	537 000	248 000	385 000	527 000
Total Tangible Assets	537 000	248 000	385 000	527 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	617 000	315 000	385 000	527 000
Stock	289 000	199 000	251 000	228 000
Total Investments	0	0	0	0
Cash, Bank	1 317 000	1 662 000	1 985 000	1 139 000
Total Current Assets	2 207 000	2 601 000	3 751 000	2 144 000
Total Assets	2 824 000	2 916 000	4 137 000	2 671 000
Total Equity	2 087 000	2 161 000	2 416 000	2 027 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	1 000	10 000
Creditors	260 000	214 000	193 000	84 000
Unpaid Taxes	234 000	329 000	527 000	329 000
Dividends	0	0	500 000	0
Other Current Debt	244 000	212 000	237 000	196 000
Total Current Debt	737 000	755 000	1 720 000	634 000
Total Equity and Debt	2 824 000	2 916 000	4 137 000	2 671 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,55 %	−11,8 %	36,75 %	0,1 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−1,58 %	−6,02 %	15,24 %	0,2 %
Current Ratio	2,99	3,45	2,18	3,38
Quick Ratio	4,93	4,68	2,55	5,28
Equity Ratio	0,74	0,74	0,58	0,76
Gross Profit Margin	63,65 %	56,2 %	66,86 %	64,73 %